The_Visible_Procurement

Year: 2024

Award: Supply Chain Excellence Awards - UK

Award Name: The Supply Chain Visibility Award

Company: Zentiva Group a.s.

Zentiva Group a.s., a leading generics pharmaceutical company, has demonstrated exceptional supply chain visibility through its transformative initiatives.

By creating a comprehensive spend cube, deriving actionable insights, and implementing strategic projects, Zentiva has unlocked significant value and enhanced supply security.

The company’s proactive approach to supplier relationship management, including regular meetings, supplier ratings, and an annual supplier meet, has strengthened partnerships and aligned growth strategies.

Zentiva’s commitment to ESG is evident through its dedicated procurement efforts, training programs, and ambitious targets.

The procurement team’s cohesion, diversity, and open feedback culture have fostered a high-performance environment.

Zentiva’s ability to navigate challenges, such as the Russia-Ukraine conflict, and its focus on process improvements, business intelligence, and technology adoption have further enhanced its supply chain resilience.

With a clear vision for the future, including a 5-year savings projection and an upcoming annual supplier meeting, Zentiva is poised for exponential growth.

By leveraging its strong visibility across the value chain, Zentiva ensures the timely delivery of high-quality, affordable medicines to over 100 million patients across Europe.

Zentiva’s supply chain excellence not only drives business success but also makes a meaningful impact on the lives of those who depend on their medicines every day.